The economy is technically in a recession but Fed is hiking interest rates continuously to kill the inflation. (As opposed to the standard practice of cutting interest rates in recession)
Share
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
The US Economy is not into a recession but ya talk is going on that US might go into recession & the same is getting more pronounced after what Powell has been consistently saying in every meeting.
Stagflation is a situation which is far enough to become reality in US sooner.
Hope I’m able to communicate well, further discussion is encouraged. Thank you.